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CarMax Value Stock - Dividend - Research Selection

Carmax

ISIN: US1431301027 , WKN: 662604

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Description of the company

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and extended protection plans to customers at the time of sale. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. In addition, it sells new vehicles under franchise agreements. As of April 4, 2018, the company operated 189 stores in 41 states. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Carvana Set To Become Top US Independent Used-Car Dealer: Analyst

2026-03-24
BofA Securities maintains a Buy rating on Carvana (CVNA) with a $400 price target, signaling 33.5% upside as operational momentum builds.

Evercore ISI Group Maintains In-Line on CarMax, Raises Price Target to $39

2026-03-17
Evercore ISI Group analyst Michael Montani maintains CarMax (NYSE:KMX) with a In-Line and raises the price target from $37 to $39.

CarMax: Starboard Value's Letter Highlights Important Topics

2026-03-13

Activist Investor Starboard Urges CarMax To Fix 'Execution Gaps'

2026-03-11
Starboard Value pressures CarMax to fix "execution gaps" and nominated two board members. KMX shares rose on the activist news.

CarMax Announces Its Engagement With Starboard To Date Has Been Productive, Welcomes Starboard Recommendation Of Keith Barr As CEO

2026-03-11
CarMax, Inc. (NYSE:KMX) ("CarMax" or the "Company"), today confirmed that its Board of Directors (the "Board") received a notice from Starboard Value LP ("Starboard"), nominating two directors for election to the

Carmax shares are trading higher following a report suggesting that activist investor Starboard Value has taken a stake in the company and nominated two director candidates for board seats.

2026-03-11

Starboard Value Nominates Two Individuals For To Be Appointed To CarMax's Board Of Directors; Views Appointment Of CEO Keith Barr As Timely Opportunity To Address Fixable Execution Gaps, Unlock Full Value Potential

2026-03-11
Starboard Value LP (together with its affiliates, "Starboard"), a significant stockholder of CarMax Inc. ("CarMax" or the "Company") (NYSE: KMX), today announced that it has delivered a letter to Keith Barr, the

Starboard Value Nominates Two Directors To CarMax Board After Building $350M Stake, Urging Digital And Cost Overhaul

2026-03-11
-Reuters

CarMax’s ChatGPT App Integration Could Be A Game Changer For CarMax (KMX)

2026-03-01
In February 2026, CarMax announced it had become the first U.S. auto retailer with a car-shopping app in the ChatGPT app store, enabling users to search its more than 45,000-vehicle inventory and access valuation tools directly within the AI platform. This move highlights how CarMax is trying to reshape the early stages of car buying and selling by combining conversational AI with its nationwide inventory and offer experience. Next, we’ll look at how integrating vehicle search and offers...

CarMax Launches First-of-Its-Kind Car Shopping and Selling Experience in ChatGPT App Store

2026-02-27
Retailer brings nationwide inventory and online offer capabilities to OpenAI with the new CarMax App in ChatGPTRICHMOND, VA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced a first-of-its-kind milestone by becoming the first U.S. auto retailer with an app in the ChatGPT app store that supports car shopping. The new online experience allows consumers to search for vehicles, explore listings, and get vehicle value information